Hedera (HBAR)
Hedera is the only public ledger network using the hashgraph consensus algorithm, which is a fast 100k+ TPS, secure aBFT, with the strongest security possible in a DLT, and fair transparent time-stamping on all events, transaction censorship-resistant. The hashgraph consensus algorithm combines a gossip protocol with virtual voting to achieve consensus very quickly while using the minimum amount of data. The Hbar coin serves several functions: 1. The hashgraph algorithm uses a proof of stake model to prevent Sybil attacks nodes vote on consensus based on the value of coins in their wallet, making the coin critical to the security of the network. 2. The Hbar coin serves to reward nodes for providing consensus, as payment for API calls and to facilitate native micropayments, and 3. The Hbar coin allows one to use a Hedera API and additional services built on top of it.
1. HBAR Basic Info
| Symbol | HBAR |
| Name | Hedera |
| Web Site | https://www.hedera.com/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://hederaexplorer.io/ |
| Forum | -- |
| Mining | |
| Supply | 50000000000 |
| Available Supply | 42219400000 |
| Market Cap | 7728683364 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 50000000000 |
| Release Date | 2020-02-14 |
2. HBAR Technical Info
2.1 HBAR Kline Chart Price
2.2 HBAR Technical Analysis
The market will likely experience a period of consolidation in the short term. Prices may fluctuate within a defined range, with potential for minor pullbacks. The overall trend remains bearish.
Within the next week, a slight downward trend is anticipated. The price might test support levels around 0.18000, there s a higher possibility to break through it.
In the mid-term, a continuation of the downward trend is more probable, the price may fluctuate. The volume data suggests that selling pressure continues to dominate.
